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Death of Insured in Floater Health Policy - Renewal
In floter health policy, on death of an insured member. At the time of next renewal, will the full sum insured be renewed as it is? Or be divided on the basis of number of members remaining?Ex : 50L Floater covering husband and wife. Husband dies. On next renewal, policy renew for 50L or 25L? Thanking You, in advance